Founded in 1879 as the Bank of Grand Forks, Alerus Financial Corporation is a publicly traded company (NASDAQ: ALRS) that has grown into a comprehensive financial services provider. The company operates under a "One Alerus" philosophy, which integrates its diverse service offerings to provide holistic financial guidance. Its primary business lines include banking (for both consumers and businesses), residential mortgage lending, wealth management (including financial planning, investment management, and trust services), and retirement and benefits administration for corporate clients. Alerus emphasizes building long-term client relationships by serving as a trusted advisor across all aspects of their financial lives.

Founded in

United States